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South Korea’s National Assembly Considers Amending VAT Act to Exempt Premium Express Bus Services

  • South Korean National Assembly accepted Bill No. 2205529 for consideration
  • Bill includes measure to exempt VAT on passenger transport services by premium express bus
  • Bill would enter into force on date of promulgation

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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